and it is really, they've reformed their education system. you have the hispanic influence in miami. where we used condos. we had 2300 condos we have 80 left. in this acquisition a couple years ago we got a view of all the urban markets in the country. the housing market is crazy. it's really strong. i think you'll see home builders have a multiyear recovery of that. and that's, i think i said last time i was on, a couple million jobs will be created in the housing market. those are the jobs that this labor force can do right? they're not going to work at google and apple but they are going to be able to help with the jobs that were lost and never came back. construction jobs. and you're seeing it across the country. >> so it's going to be a real return, a real renaissance -- >> i don't think stabilized you're going to see housing prices run away. but i think they'll continue a fairly modest 3% to 4% annual growth now. there's certain places that's not true. south beach is crazy on fire. >> you're behind so i don't understand the rick scott p

we have to place a lot more emphasis on human capital, particularly educating younger kids, not just college-educated kids but kids who get good vocational training for the kind of jobs that we're going to need. we're going to need to not just rely on energy but a whole lot of other things to make us competitive, including infrastructure. >> okay. we're going leave it -- actually, one final question. hillary clinton, how's she feeling? >> hillary clinton is feeling great. we just had a ceremony where we gave her a football helmet for her to wear around the house. but she has done a fabulous job. she'll probably be leaving soon. we'll all miss her. but i think one of the things that she's done and i want to emphasize this, the state department now is playing an active role in supporting american companies around the world. and i think that is one of the very important legacies. other governments are supporting their companies, the state department and other -- >> are you going to stick around? >> i hope to stay around for a while longer. >> i imagine we may see you on the "squawk" set

you rarely do this so we're happy to have the education. one of the questions that came up in my mind while you were speaking in the last segment was politics. and a lot of the conversation we have here at the world economic forum is about politics. how is an investor do you put that in to your economic machine, if you will, you know, when it comes to this debt ceiling issue, or it comes to who's going to be elected, or health care issues or what have you. how is that -- how do you put that in to your investing hat? >> well, everything is a transaction, and it won't have an effect on prices, in any event, unless it has an effect on a transaction. so what i do is i know who the buyers and the sellers are. and then by thinking that through, i think how will it have an effect on transactions. far more important than, over the long term, the leader of a country will have some effect on the whole overall health of the economy. but even -- they can't even res. they're, you know, it's a very difficult challenge. the whole political system. you cou